Posted February 2, 2016
HERNDON, Va., Feb. 2, 2016 – NACHA—The Electronic Payments Association® today announced the addition of four new and two re-elected directors to its Board. The Board consists of 19 voting directors representing a diverse set of depository financial institutions of all sizes and types that use and support the ACH Network.
“We are in exciting times as financial institutions, technology solution providers and business end users continue to find new, secure and innovative ways to benefit from ACH payments,” said Janet O. Estep, NACHA president and CEO. “Those elected to serve on the NACHA Board, representing financial institutions of all types and sizes, help us ensure that the ACH Network continues to evolve to meet the needs of their customers.”
The new and re-elected directors will serve three-year terms, effective immediately:
These individuals join the existing directors, including:
“I want to thank those former directors who have served the payments industry with distinction, while welcoming the new and re-elected directors to the Board as we work together to ensure the continued vitality of the ACH Network, with the valuable input from the Board Advisory Group,” said Russell K. Oatman, the NACHA Board Chairperson.
Directors whose terms have ended, include:
The non-voting, advisory representatives of the ACH Operators to the Board are:
The Board of Directors oversees the governance and administration of NACHA and addresses topics of strategic significance to NACHA and the ACH Network. The Board Advisory Group serves as a venue for direct dialogue, information sharing and input from a balanced cross-section of executives representing corporate end users, technology solution providers and other non-financial institution constituencies with the NACHA Board of Directors on strategic payments topics.
Members of the NACHA Board Advisory Group include: